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$399,900  (list price)
$400,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1902
1,438 sqft • 0.15 acres
Minneapolis schools
MLS# 6518141
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    Property Description

    Perfect for either an owner occupant or investor, this quality duplex with a strong rental history is situated in a prime NE Minneapolis location- near the Quarry Shopping Center, breweries and restaurants, parks, Greenway trail system and with easy access to 35W and downtown. It features: original hardwood floors, light and bright living spaces, brand new roof, maintenance free exterior, oversized 2 car garage with additional off street parking, updated and split mechanicals (furnace, water heater, and electrical).

    Listing

    Contingency: None
    Price per sq ft: $278
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55418
    Neighborhood/Area: Windom Park

    Interior

    Living Area: 1,438 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Daylight/Lookout Windows

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 20x24
    Garage Size: 480 ft2
    Foundation Size: 899 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.15
    Geolocation: 45.0092873667, -93.2388086933
    Lot Dimensions: 50 x 131
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Gross Expense: None
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $6,383
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,383

    Income

    Annual Gross Income: $29,880

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Lakes Sotheby's International Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.